Tue, February 4

Solana Co-founder Confident of Frequent Outages Being Fixed

Three of the five outages have happened this year alone Due to flaws in Solana’s programming or an artificial influx of visitors from bots. Anatoly Yakovenko, a co-founder of Solana, is aware of the frustration his customers experience when the service is down. The network problem may, however, soon have

October 8, 2022 1 min read

EthereumPoW (ETHW) Price Drops 86% From ATH

Following ETH Merge, miners responded by creating a rival fork dubbed EthereumPoW. ETHW started trading as an IOU token on exchanges before its network launched. The ETHW fork, which is a proof-of-work fork of Ethereum, has had a rocky start. According to CoinGecko, the price of the currency has dropped

October 8, 2022 2 mins read

Ripple (XRP) Price Keeps Rallying, Eyes for $1 Mark

XRP has increased by nearly 57.26%, in the last 30 days. The current price of XRP is $0.5191, which surges up to 5.93% in the last 24 hours. One of the leading altcoins, Ripple (XRP) is continuing to showcase bullish price actions in the global cryptocurrency market. XRP constantly witnessed

October 8, 2022 1 min read

Grayscale’s Large Cap Fund Now Includes Polygon (MATIC)

Bitcoin (BTC) now accounts for 65.12% of the $193 million fund. The fund decided to sell its holdings in XRP after Ripple lawsuit. As part of its quarterly rebalance, top cryptocurrency asset management Grayscale has announced that it would now support Polygon (MATIC) in its large-cap cryptocurrency portfolio. In February

October 8, 2022 1 min read

Reserve Bank of India (RBI) Reveals Upcoming CBDC Plans

The paper provides a concise overview of the rationale for the launch of CBDC. Since its inception, the RBI has been wary of public blockchains and cryptocurrencies. In a 51-page memo released on October 7, the Reserve Bank of India (RBI) detailed the planned characteristics and rationale for the central

October 8, 2022 2 mins read

BNB Chain Proposes Governance Vote Over Stolen Funds

The criminal stole $110 million using the cryptocurrencies Fantom, ETH, and Polygon. Before the suspension, the hacker still had roughly $400 worth of assets on the network. The team behind BNB Chain, previously Binance Smart Chain (BSC), has lost millions of dollars’ worth of assets in a cross-chain attack, and

October 8, 2022 2 mins read

Shiba Inu (SHIB) Price in Downswing-Gloomy Stats

Shiba Inu has indeed been battling the red candle march for several weeks. Volume profiles indicate that short-term investors and traders are the main supporters of the Shiba Inu. The crypto has been in slump for the past few weeks, however some have made significant recoveries without unveiling any concrete

October 8, 2022 2 mins read

Ethereum Mainnet Struck With Rug and Pull Exploit

A BNBHACKERINU token was produced by the hacker. The whole smart contract was built on a foundation of harmful code. There are still significant security concerns in the decentralized financial sector. The Ethereum network was the target of massive rug pull assaults only hours after the BNB Chain exploit. A

October 7, 2022 1 min read

MakerDAO To Invest $500M in U.S Treasury and Corporate Bonds

It started with a $1 million pilot transaction, and the rest will follow shortly. MakerDAO’s native stablecoin, DAI, will be converted to US dollars. In a Thursday announcement, MakerDAO, the biggest DeFi lending protocol in the world, said it will invest $500 million in US Treasury bonds and investment-grade corporate

October 7, 2022 2 mins read

South Korean Authorities Arrest Terra’s Head of General Affairs

Kwon has been given 14 days by the South Korean authorities to turn up his passport. Both the South Korean government and Interpol are looking for Kwon. Reportedly, Yoo Mo, Terra’s Head of General Affairs, has been detained by South Korean authorities. The first person to be apprehended in the

October 6, 2022 2 mins read